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Intraday Strategies for Beginner Traders on December 10
The US dollar has again strengthened
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The US dollar has again strengthened against the euro, pound, and other risk assets – particularly against the Japanese yen. The weekly job growth in the private sector from ADP and strong data on job openings and labor turnover in the US from the Bureau of Labor Statistics have strengthened the US dollar. Traders interpreted this data as a sign of the ongoing strength of the US economy, which, in turn, raised expectations of a more cautious approach to monetary
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Miroslaw Bawulski,
Analytical expert of InstaForex
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Maxim Magdalinin
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